Sensex hits record high above 26,000; Infosys rises
Sensex hits record high above 26,000; Infosys rises
Software exporters lead gains ahead of Infosys Ltd's April-June earnings results on Friday.

Mumbai: The Nifty is up 0.25 per cent after rising 0.5 percent to a record high of 7,791.4, its third consecutive all-time high in as many sessions. The Sensex is up 0.44 per cent after rising as much as 0.6 per cent to an all-time high of 26,116.73, surpassing the 26,000 point barrier for the first time.

Software exporters lead gains ahead of Infosys Ltd's April-June earnings results on Friday. Infosys is up 2.6 per cent, while Tata Consultancy Services Ltd gains 2.3 per cent.

Shares in IDFC Ltd gain 6.1 per cent after Morgan Stanley upgrades the stock to "overweight" from "underweight", citing its underperformance this year despite "good management, strong balance sheet, and diversified financial presence."

However, gains are limited as some blue-chips fall on profit-taking. State Bank of India falls 0.8 per cent while Oil and Natural Gas Corp is down 1.4 per cent.

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